After the midnight thoughts were presented, we arranged entry in advance, and the actual market followed a wave of pullback to observe the pullback strength. Our analysis indicated that the bearish volume increase had not yet ended. Subsequently, the price continued to decline and directly pierced through the short-term support. This wave of events was both expected and unexpected. During this period, Bitcoin reached a high of 98266 and a low of 94400. After hitting the low, the price quickly rebounded, forming long upper and lower shadows on the daily chart, maintaining a volatile tug-of-war between bulls and bears as anticipated. Currently, we are focusing on the breakout situation of the small range in the short term, and will look for breakthroughs in the larger range once the trend becomes clearer. Daytime operations will focus on short-term strategies; this kind of volatile market provides opportunities for both bulls and bears, but one should not enter blindly, and it is important to pay attention to price levels and timing.
Bitcoin 95500–95200 long, target around 97800
Ethereum 3640-3620 long, target around 3750 #NFT市场回暖 #ETH持续飙升 #ADA、ENA大额解锁